I've got $20k in a Bank of America savings. Would a CD or a HYSA (or some combo of both) be the way to go to increase what I can earn via interest?

Like the title says. I'm currently a law student. I've saved up $20k that I feel I can put away to generate some passive money. I've considered putting $5,000 into a Citizens Access CD and putting $15,000 into a Discover Online Savings (they have an offer for a $150 bonus for depositing $15,000). I've only recently started doing my research on the best ways to divy up my current savings.

Thanks for any help anyone can give!

Submitted December 17, 2018 at 06:57AM by phamio23 https://ift.tt/2EzIkIn